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Search Results 0 to 11 of about 12 (some duplicates have been removed)
, a lot of stores, including wal-mart, target and toys r us opened their stores on thanksgiving as opposed to waiting for black friday. they did receive a little bit of grief for it from a lot of angry consumers, but on the other hand, there were lots of shoppers lining up in front of the stores to get those deals from wal-mart and toys r us. >> are the deals likely to get better if they are not satisfied with the crowd and the sales receipts we see over the next 72 hours? >> well, in fact, deals could continue to go on at all way until christmas over the next couple of weekends. we saw that wal-mart doubled their order of the apple tablets in order to guarantee that they would have enough to meet the demand and as a result analysts did become bullish on the company and did increase their earnings estimates for the fourth quarter for wal-mart so we are seeing retailers are becoming more competitive in order to at track attract the shop intoorz the stores. >> you mentioned apple and i want to ask you about that strategy in a moment but it also speaks to inventory control, doesn't it, in ter
evening i'm susie gharib. u.s. stocks are trading again, after hurricane sandy forces an historic two-day shutdown. >> tom: wall street gets back to business, as damage and recovery estimates start to climb, plus, what it takes to restore power to millions in the northeast. >> susie: and with stocks open for trading, no surprise, home depot was the dow's standout. >> tom: lots ahead, that and more tonight on "n.b.r."! >> susie: an historic day on here on wall street, after the storm of the century knocked down the financial district. us stock markets resumed operations today after two days in the dark, stocks were little changed: both the dow and the nasdaq fell 10 points, but the s&p 500 gained a fraction. trading here at the new york stock exchange opened without a hitch. the new york stock exchange opened right on time. and as new york's mayor bloomberg rang the opening bell this morning, traders were happy to be back to work. it looked like a normal day, with the buzz of activity, traders milling about. it was anything but normal no one knows that better than larry leibowitz, the
has been provided by: ♪ ♪ moving our economy for 160 years. bnsf, the engine that connects us. and with the ongoing support of these institutions and foundations. and... this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. >> woodruff: the u.s. death toll from the giant storm named sandy has risen to at least 63 today. about 6.5 million homes and businesses are still without electricity though there were signs of daily life returning to its usual rhythm in some places. a familiar sound returned to lower manhattan streets last night. ( horns honking ) the power did not. police helped direct traffic with signals still dark, but one taxi driver said it wasn't worth the risk. >> it's been dangerous. i've got to go home, i'll walk. there's no traffic signal light, no nothing there. >> woodruff: you're going home? you're done? >> i'm done already. >> woodruff: it wasn't much easier for pedestrians who made their way on foot, some with only flashlights leading the way. >> it's really uns
a short- run compromise that will get us past the fiscal cliff. >> reporter: the president made his suggestion for a short-term deal. he urged congress to extend tax breaks for the middle class while they work out a bigger plan for a grand bargain. sylvia hall, "n.b.r.," washington. >> tom: while investors remain focused on the fiscal cliff, a further jump in consumer sentiment helped stocks close in the green today. the university of michigan reuters consumer sentiment index this month rose to 84.9. that's its highest level since july of 2007. the dow added four points, the nasdaq was up nine, the s&p 500 added two points. for the week overall, the dow fell 2.1%. the nasdaq dropped 2.6%. and the s&p 500 is 2.4% lower tonight compared to a week ago. >> reporter: while president obama and house speaker boehner both say they're open to new ideas, wall streeters remain cautious about the fiscal cliff. meridien equity partners' joe greco says the market doesn't expect it to be resolved this year. >> i think we're going to see a push pull back and forth and we're probably not going to se
for business leaders. the c.e.o. of caesars entertainment, tells us it'll be "very damaging" for his company. >> tom: that and more tonight on "n.b.r."! wall street greeted the election results with a big sell-off in stocks. investors dumped shares of almost every type, giving the s&p 500 it's worst day since june. beyond the u.s. elections, europe also brought fresh worries for investors with concerns in greece, and germany. here's how the numbers stacked up on wall street. the dow lost 312 points, at it's worst point of the day, the blue chip index was down 369 points. the nasdaq tumbled nearly 75 points and the s&p 500 off 33. suzanne pratt takes a look at where the market goes from here. >> reporter: let's be candid. this is not the election outcome that wall street wanted to see. after all many investors believe president obama's tax policies will hurt corporate profits. on top of that there's the likelihood of more regulation in the president's second term. those concerns were evident in selling today of energy, banking and healthcare stocks. a quick look at the price board at the new
're going to give it away. so samsung, you want to have an operating system for your smart phones? use the android. and it's a very good operating system. so they have it. and google says what are we going to get out of that? they said in the short term we're obviously -- google search is going to be prominent on those smart phones and our search growth will rise and it has, by the way, they've grown because mobile -- >> rose: they've got a huge lead. >> 70% almost. a. b, they say at some point as they did to figure out how to make money in 2001, at some point we'll come up with a way to monetize this. that is the same view that mark zuckerberg has at facebook. we're going to put it out. we've got a billion people, a billion users on facebook, we'll figure out a way, just as google did in 2001 with ad words and ad sense, those little ads on the right-hand side that generate over $40 billion a year. and we'll figure out a way to do it. and, you know, will they? you know, maybe. and maybe not. but with that mass audience there's a good chance they will. >> rose: here's what's interesting
, showing that unless there's a deal on solving the crisis, the u.s. economy would suffer big time. the obama administration's economists estimate consumers would spend about $200 billion less next year than they would have otherwise. congress and the administration have only a few more weeks to nail down a deal. but that deal will have to address some tough issues, including entitlement reform. darren gersh explains. >> reporter: the big money in entitlements is in health care, and that means any grand bargain to avoid the fiscal cliff will slice away at one of the nation's most popular programs. >> medicare is clearly in the gunsights. >> reporter: it's possible congress and the president could agree to save $300 to $400 billion from medicare by cutting fees for doctors and hospitals. but analysts worry slashing payments won't make the health care system more efficient. >> this is not really a way to structurally change medicare and if you don't change the underlying incentives, you don't get long-term savings. >> reporter: progressives at the center for american progress say the
Search Results 0 to 11 of about 12 (some duplicates have been removed)